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E-Tone™: Ulpan-Or Weekly News Digest
Item #9 (Low-Intermediate Level)
Israeli Exit
The employees of the Israeli chip company "Tower" are excited. Intel
buys the company for five billion, four hundred million dollars. Intel buys
"Tower" because there is a global shortage of chips. This is one of the five
most expensive exits in the history of Israeli companies. The managers
and the people who invest in "Tower" are happy today because they are
getting a lot of money.
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